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3-bed · 2,229 sqftThe Springs 2, The Springs · completed 2005

S07/TH07, The Springs 2

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH07 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 2.85M17 May 2016
Current rentAED 165K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH07, The Springs 2

What is S07/TH07 worth today?

Last sold for AED 2,850,000 in 2016

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1 Dec 2022RentedRenewal
AED 165,000/yr12 months · AED 74 per sqft
1 Dec 2021RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
1 Apr 2020RentedRenewal
AED 170,000/yr12 months · AED 76 per sqft
1 Apr 2018RentedNew contract
AED 170,000/yr24 months · AED 76 per sqft
1 Feb 2017RentedNew contract
AED 210,000/yr12 months · AED 94 per sqft
17 May 2016SoldReady
AED 2,850,000AED 1,278 per sqft
1 Apr 2015RentedRenewal
AED 173,250/yr12 months · AED 78 per sqft
1 Apr 2014RentedNew contract
AED 165,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2022.

Key facts

Type
3-bed villa
Size
2,229 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 2.85M · May 2016
Community
The Springs 2

About S07/TH07, The Springs 2

S07/TH07 is a three-bedroom villa of 2,229 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 17 May 2016 for AED 2,850,000, or AED 1,278 per sqft, 14% above the AED 1,120 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 165,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for S07/TH07 over time

Sales
Villa S07/TH07, each saleTypical three-bed in The Springs 2
02.5M5M2007201220172022Typical sale price by year: 2007 AED 734,888; 2008 AED 906,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000Sold by developer, January 2009: AED 869,888 (AED 390 per sqft)Sold, January 2014: AED 3,300,000 (AED 1,480 per sqft)Sold, May 2016: AED 2,850,000 (AED 1,278 per sqft)

S07/TH07 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH07, each contractTypical three-bed in The Springs 2
200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 159,500; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 230,000; 2026 AED 245,000New contract, April 2014: AED 165,000 a yearRenewal, April 2015: AED 173,250 a yearNew contract, February 2017: AED 210,000 a yearNew contract, April 2018: AED 170,000 a yearRenewal, April 2020: AED 170,000 a yearNew contract, December 2021: AED 160,000 a yearRenewal, December 2022: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 2, and where S07/TH07 sits

All 191 3-beds →

S07/TH07 last sold in May 2016 at AED 1,278 per sqft, 14% above what three-beds in The Springs 2 were fetching at the time (AED 1,120). S07/TH07's AED 165,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,850,000
28 Oct 20255,500,000
19 Sep 20255,750,000
22 Aug 20254,999,000
0 3-bed sales in the last 12 months

The Springs 2

Community

484 villas, 2-bed to 4-bed in The Springs, completed in 2005 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,005
Typical sale
AED 3.51M
Typical rent
AED 190K /yr
Typical yield
4.7%
The Springs 2, The Springs: prices, sales and rents →

S07/TH07, The Springs 2 in numbers

  • Sold 3 times: first on 18 January 2009 for AED 869,888, last on 17 May 2016 for AED 2,850,000 (AED 1,278 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2022.

Questions about S07/TH07, The Springs 2

What did villa S07/TH07 last sell for?

AED 2,850,000 on 17 May 2016: AED 1,278 per sqft for 2,229 sqft. The villa has 3 registered sales; the first was AED 869,888 in January 2009.

What is the rent for villa S07/TH07?

AED 165,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 160,000; the villa has been rented since April 2014.

How big is villa S07/TH07?

2,229 sqft (207.1 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S07/TH07 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S07/TH07, The Springs 2

Starts from the last sale price (AED 2.85M, 17 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →